Why would the big bankers like Wells Fargo and B of A make "risky" loans to Small Business, when the Fed will loan them money at or near 0% interest rates and they can buy government backed Treasury Notes paying around 3% interest? A no-brainer for big bank managers.
Thank you Mr Colosimo for this common sense observation.
Flyover Country is a mindset rather than a location. It is a place in the American consciousness where family values still rule and self reliance is preferred over the nanny state. The people of Flyover Country are derided by the effete liberal left for clinging to their values and beliefs. So be it, we cling proudly to the true meaning of the American experience.
Spot Gold
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